Posts Tagged ‘Guide.’
Guide for Rare Coin Collectors
Guide for Rare Coin Collectors
Coin collecting is one hobby that is both fun and challenging. To help those who are looking for those rare coins, here is a list of hard to find ones that are worth moving “heaven and earth” for.
Gold coins are something of a rare commodity. They were circulated only until 1933, which makes them expensive when they are auctioned. The nice thing about gold is that its value probably will never go down - making it a good investment.
Another rare coin sought by collectors is the Liberty Seated Dollar. These were last produced some time in the 19th century and are considered to be a rare find.
From 1875 to 1878, twenty cent coins were minted. This coin looks very much like a quarter and since its value is very low today, it is a coin worth looking for.
The Barber half dollars are rare coins that were minted from 1892 until 1915 and are collected by people depending on date or type. One of the challenges that occurs when searching for this coin is finding one in good condition.
The 1917 type One Standing Liberty Quarter is another coin worth owning. It was only minted for 2 years and shows the exposed breast of Ms. Liberty. This design created such an uproar that it had to be replaced and was only circulated for a year.
Mercury dimes were produced periodically during the 20th century. The market value of them is a piece.
The Walking Liberty Half Dollar is a beautiful coin for collectors. They were only circulated for 4 years and are considered to be one of the all time rare coins to ever exist.
The Texas Commemorative Half Dollar is another rare coin. Only 150,000 of these were minted over a 4 year period and just 60% to 80% of these are still available today making it one of the hardest coins to find today...
The most expensive coin is the Saint Gaudens. This was sold in an auction for nearly million. The design is truly superb and the value of it has never dropped even during the 1980-82 bear market.
Rare coins are truly a challenge for anyone who seeks to make this a mission in life. Not only are they hard to find but it they are expensive to acquire. Should a person have the funds available to purchase them then this adventure is truly something worth finishing.
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A Beginner’s Guide to Rare Coins
A Beginner's Guide to Rare Coins
Coin collecting is one hobby that is both fun and challenging. To help those who are looking for those rare coins, here is a list of hard to find ones that are worth moving "heaven and earth" for.
Gold coins are something of a rare commodity. They were circulated only until 1933, which makes them expensive when they are auctioned. The nice thing about gold is that its value probably will never go down - making it a good investment.
Another rare coin sought by collectors is the Liberty Seated Dollar. These were last produced some time in the 19th century and are considered to be a rare find.
From 1875 to 1878, twenty cent coins were minted. This coin looks very much like a quarter and since its value is very low today, it is a coin worth looking for.
The Barber half dollars are rare coins that were minted from 1892 until 1915 and are collected by people depending on date or type. One of the challenges that occurs when searching for this coin is finding one in good condition.
The 1917 type One Standing Liberty Quarter is another coin worth owning. It was only minted for 2 years and shows the exposed breast of Ms. Liberty. This design created such an uproar that it had to be replaced and was only circulated for a year.
Mercury dimes were produced periodically during the 20th century. The market value of them is a piece.
The Walking Liberty Half Dollar is a beautiful coin for collectors. They were only circulated for 4 years and are considered to be one of the all time rare coins to ever exist.
The Texas Commemorative Half Dollar is another rare coin. Only 150,000 of these were minted over a 4 year period and just 60% to 80% of these are still available today making it one of the hardest coins to find today...
The most expensive coin is the Saint Gaudens. This was sold in an auction for nearly million. The design is truly superb and the value of it has never dropped even during the 1980-82 bear market.
Rare coins are truly a challenge for anyone who seeks to make this a mission in life. Not only are they hard to find but it they are expensive to acquire. Should a person have the funds available to purchase them then this adventure is truly something worth finishing.
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Guide to Buying Krugerrand and Gold Eagle Coins
Buy Krugerrand? Anyone aspiring to purchase gold bullion coins today will soon realize that a myriad of choices exist.
The Canadian Maple Leaf, the Australian Kangaroo, a British Sovereign, the Mexican Peso, and the Austrian Corona are just a few of the many gold coins one can purchase through dealers and mints.
When choosing a coin type for purchase, an individual must consider the actual reasons for the purchase. A number of investors, both large and small, are diverting fair percentages of their assets into physical gold coins. Doing so allows them to retain physical wealth without cash flow requirements, corporate managers, or connections to shaky markets.
Gold bullion coins are small, easy to hide, and highly movable during an emergency or disaster. In a time when the world's lending institutions have lost the public's trust, purchasing increasingly valuable gold bullion coins is becoming a feasible choice for many investors.
What gold bullion coins should I buy?
One popular coin across the world is the South African Krugerrand. This coin was first issued in 1967 by the South African Mint and is named after Paul Kruger, a former South African president and famous figure in the South African Republic's formation. Existing as a legal tender coin, the Krugerrand is alloyed with a small amount of copper to aid in scratch and dent resistance.
Prior to the Krugerrand's minting, the only way to purchase gold bullion worldwide was to buy gold bars. The Krugerrand was the first gold bullion coin to contain exactly one troy ounce of gold. The Krugerrand comes in four denominations based on weight in gold: 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce. In the United States, this gold coin is presentable at any bank for exchange of currency, and its value is easily recognizable. Over 54 million Krugerrands are in circulation worldwide.
When purchasing a Krugerrand, a buyer will pay a premium amount above the spot price. Of all gold bullion coins, this coin sometimes sells for the smallest premium and sometimes costs less per ounce, making it the most affordable bullion coin on the market.
Another common coin is the United States Gold Eagle, which like the Krugerrand, is considered legal tender. This coin was first issued in 1986 by the United States Mint and is the top-selling gold bullion coin worldwide.
The coin's Walking Liberty face design was inspired by the American sculptor Adolph Weinman and copies the $20 Saint-Gaudens gold coin face. The coin's reverse has a gold eagle designed by Miley Busiek, and indicates the amount of gold (in troy ounces), purity, and face value of the coin.
Due to unprecedented demand in 2008, sales of these coins were actually suspended for a short period from August 14 to August 25!
Gold Eagles, like Krugerrands, are easy to buy and convert to cash at most coin and precious metal dealers. This coin sells in 1 ounce, ½ ounce, ¼ ounce, and 1/10 ounce forms.
The US government guarantees the weight, content, and purity of each coin. Over 11 million Gold Eagles have been sold worldwide since 1986.
